Light S.A Capital Reinvestment Ratio
Light S.A capital reinvestment ratio. Light S.A (LIGT3) has a Capital Reinvestment Ratio of 0.33x as of June 2026, meaning it reinvests 0% of its operating cash flow (R$92.75 Million) in capital expenditures (R$30.70 Million). See Light S.A (LIGT3) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Light S.A (2003–2025)
Capital reinvestment ratio of Light S.A from 2003 to 2025. This chart tracks Light S.A's Capital Reinvestment Ratio across 21 annual periods. See Light S.A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Light S.A Capital Reinvestment Ratio by Year (2003–2025)
Light S.A capital reinvestment ratio by year from 2003 to 2025. For the full cash flow conversion analysis, see Light S.A (LIGT3) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | R$703.72 Million | R$168.35 Million | ▼ -46.8% |
| 2024 | 0.45x | R$2.15 Billion | R$967.05 Million | ▼ -18.8% |
| 2023 | 0.55x | R$1.40 Billion | R$773.14 Million | ▼ -92.4% |
| 2022 | 7.32x | R$200.76 Million | R$1.47 Billion | ▲ +1664.7% |
| 2020 | 0.42x | R$2.33 Billion | R$968.48 Million | ▼ -78.0% |
| 2019 | 1.88x | R$451.55 Million | R$849.92 Million | ▼ -89.7% |
| 2018 | 18.29x | R$41.49 Million | R$758.65 Million | ▼ -27.7% |
| 2017 | 25.29x | R$25.75 Million | R$651.20 Million | ▲ +6852.3% |
| 2016 | 0.36x | R$1.14 Billion | R$415.76 Million | ▼ -59.7% |
| 2015 | 0.90x | R$979.48 Million | R$883.24 Million | ▼ -36.6% |
| 2014 | 1.42x | R$585.47 Million | R$832.88 Million | ▲ +143.2% |
| 2013 | 0.58x | R$1.42 Billion | R$830.17 Million | ▼ -60.6% |
| 2012 | 1.48x | R$541.16 Million | R$803.26 Million | ▼ -5.5% |
| 2011 | 1.57x | R$472.01 Million | R$741.63 Million | ▲ +206.3% |
| 2010 | 0.51x | R$1.23 Billion | R$632.34 Million | ▼ -2.8% |
| 2009 | 0.53x | R$1.05 Billion | R$556.85 Million | ▲ +12.3% |
| 2008 | 0.47x | R$1.31 Billion | R$615.13 Million | ▲ +47.5% |
| 2007 | 0.32x | R$1.53 Billion | R$488.09 Million | ▲ +32.5% |
| 2006 | 0.24x | R$1.30 Billion | R$312.54 Million | ▼ -70.5% |
| 2004 | 0.82x | R$375.71 Million | R$307.05 Million | ▼ -57.4% |
| 2003 | 1.92x | R$146.61 Million | R$281.16 Million | — |